Offshore energy technology company Welltec has secured a three-year contract with the Malaysian oil firm Petronas as the sole provider of downhole conveyance and powered mechanical services for Petronas' Malaysia operations.Espen Dalland, Area…
Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…
Hydrographic marine survey company Nicola Offshore and Cyprus Subsea Consulting and Services C.S.C.S. Ltd (C.S.C.S.) have signed a commercial partnership agreement.The goal of the partnership, as shared in a press release on Wednesday, is to…
French oil major Total has decided to postpone its application for additional drilling in a South African offshore gas block, a letter seen by Reuters from the consultancy conducting the environmental and social assessment showed.The delay is…
German oil and gas company Wintershall Dea said Wednesday it would boost its exploration processes with the roll-out of an artificial intelligence search engine.'The Exploration Advisory Tool, developed in partnership with IBM, uses the latest…
Coatings specialist Hempel said it has provided coatings to protect the Orbital O2 tidal energy turbine – dubbed the world’s most powerful tidal turbine. O2 is set to operate at the European Marine Energy Centre (EMEC) in the Orkney Islands in the UK…
OHT was born to perform heavy lift in the offshore oil and gas business, and has evolved to position itself to lead in the booming offshore renewables sector, including a contract to work in the mammoth Dogger Bank offshore wind build-out. Torgeir Ramstad…
Six people were rescued near the coast of Louisiana after a commercial [lift boat] capsized about eight miles off Port Fourchon on the Gulf of Mexico, the U.S. Coast Guard said late Tuesday.About a dozen people are still missing after the 129…
Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.Ocergy…
Norwegian offshore vessel operator Havila Shipping has secured a contract for its platform supply vessel Havila Borg.The contract is with IKM Acona AS, a company providing well management and engineering services for the oil and gas industry…
Norwegian company SeaBird Exploration, known for its seismic survey services in the offshore oil and gas space, has won a contract in the offshore wind industry.In what is SeaBird's first foray into the offshore wind industry, the company said…
Decom North Sea (DNS), a UK-based body dedicated to the oil and gas decommissioning sector, has announced the appointment of Fraser Moonie, former COO of Bibby Offshore, as Chief Executive Officer. 'Well-known across the international marketplace…
Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development.FAR has recently agreed to sell its stake in the Sangomar to Woodside…
Belgium-based offshore installation company DEME Offshore and Japanese marine contractor Penta-Ocean Construction are forming a joint venture to focus on the construction of offshore wind farms in Japan. 'The new Joint Venture brings together…
BP on Tuesday announced an oil discovery at the Puma West prospect in the deepwater U.S. Gulf of Mexico.The well, located in the Green Canyon Block 821, was drilled by BP on behalf of partners Chevron and Talos Energy.It is located west of the…